What’s Electroneum and How to Mine ETN from your Phone

Electroneum is a new crypto coin designed to be secure, simple to use and very accessible. A coin with these great features might explain its rapid rise in popularity. It has the features that make Bitcoin amazing plus some extra one so it’s a step ahead in the game.

It’s transactions go through much faster and If you want to keep anonymous the Electroneum coin has you covered.

How to buy Electroneum?

When Electroneum held it’s initial coin offering (ICO) it had no problem selling $40 Million worth of tokens thus achieving its hard cap goal. Over 300,000 people registered during the sale with more than 120,000 contributors acquiring ETN coins.

Since the ICO the community has grown leaps and bounds, and it’s adding new users every day. This is good news if you want to buy Electroneum coins because when a crypto coins ICO ends you have to buy coins at an exchange.

Three main exchanges that have Electroneum (ETN) listed; Kucoin,Cryptopia, and Qryptos. I’d recommend buying at Kucoin because it has the lowest fees, it’s easy to use, and it offers the best promotions.

Finally, you need to trade your fiat currency for Bitcoins. Then you can buy Electroneum with your Bitcoins.

How to get an Electroneum wallet?

Electroneum advertises their wallets as un-hackable. Different types of wallets offer different levels of security. A web-based wallet (or wallet app) is the most convenient to use, but an offline wallet provides much more protection.

If you have an iPhone, you get to wait for the release of the Apple app, in the meantime use the web wallet mentioned above.

If you want the security of an offline wallet and are an advanced user, you can visit https://downloads.electroneum.com. From there you can download it in zip form for your convenience.

Transferring the Electroneum to your wallet is easy. Locate the receiving address in your wallet and use that to send coins into it.

How to mine Electroneum?

Other than buying Electroneum at an exchange another way to get some ETN is to mine for it.

Do not be intimidated by the word mining if you are new to the world of cryptocurrency. The creators of Electroneum wanted the coin to be available to everyone. To do this, they decided to makes special provisions that allow for anyone with a mobile phone capable of mining Electroneum. That makes it the first cryptocurrency designed around mobile ubiquity.

To start you need to download the Electroneum Android app. Then open up the Mining feature inside the app and press “Start Mining.” That’s it! Your now mining ETN coins.

If you are more experienced with crypto mining, you can use Advanced Pool Mining Software available on the download page. Then download either CPUMiner, YAM Miner or Claymore CPU Miner to start mining with your computers CPU.

The Electroneum site also lets you download direct mining software for Windows, Linux, and Mac.